Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Cash and cash equivalents:    
Cash and due from banks $ 71,426 $ 64,412
Interest-bearing deposits in other banks 11,320 31,930
Money market investments 1 155
Federal funds sold 155 162
Total cash and cash equivalents 82,902 96,659
Securities available for sale, at fair value 585,382 620,166
Restricted stock, at cost 20,687 20,661
Loans held for sale 167,698 74,823
Loans, net of unearned income 2,966,847 2,818,583
Less allowance for loan losses 34,916 39,470
Net loans 2,931,931 2,779,113
Bank premises and equipment, net 85,409 90,589
Other real estate owned, net of valuation allowance 32,834 32,263
Core deposit intangibles, net 15,778 20,714
Goodwill 59,400 59,400
Other assets 113,844 112,699
Total assets 4,095,865 3,907,087
LIABILITIES    
Noninterest-bearing demand deposits 645,901 534,535
Interest-bearing deposits:    
NOW accounts 454,150 412,605
Money market accounts 957,130 904,893
Savings accounts 207,846 179,157
Time deposits of $100,000 and over 508,630 551,555
Other time deposits 524,110 592,360
Total interest-bearing deposits 2,651,866 2,640,570
Total deposits 3,297,767 3,175,105
Securities sold under agreements to repurchase 54,270 62,995
Other short-term borrowings 78,000  
Long-term borrowings 136,815 155,381
Trust preferred capital note 60,310 60,310
Other liabilities 32,840 31,657
Total liabilities 3,660,002 3,485,448
Commitments and contingencies      
STOCKHOLDERS' EQUITY    
Common stock, $1.33 par value, shares authorized 36,000,000; issued and outstanding, 25,270,970 shares at December 31, 2012 and 26,134,830 shares at December 31, 2011 33,510 34,672
Surplus 176,635 187,493
Retained earnings 215,634 189,824
Accumulated other comprehensive income 10,084 9,650
Total stockholders' equity 435,863 421,639
Total liabilities and stockholders' equity $ 4,095,865 $ 3,907,087